Viking HoldingsFRA:ZG8 -2.73%19 Interest Coverage is 0.16 as of Mar. 2026, which is 93% below its 10-year median of 2.28. GuruFocus rates FRA:ZG8 with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 607 Travel & Leisure companies, Viking Holdings ranks worse than 52.88% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Viking Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was €10 Mil. Viking Holdings's Interest Expense for the
three
months ended in Mar. 2026 was €-66 Mil.
Viking Holdings's interest coverage for the quarter that ended in Mar. 2026 was 0.16.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Viking Holdings's Interest Coverage or its related term are showing as below:
FRA:ZG8'
s Interest Coverage Range Over the Past 10 Years
Min: 0.14 Med: 2.28 Max: 4.6
Current: 4.6
FRA:ZG8's Interest Coverage is ranked worse than 52.88% of 607
companies
in the Travel & Leisure industry
Industry Median: 5.35
vs FRA:ZG8: 4.60
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Viking Holdings Interest Coverage Related Terms
Viking Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Viking Holdings's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:ZG8 vs CCL, EXPE, TCOM: Interest Coverage Comparison
For the Travel Services subindustry, Viking Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Viking Holdings Interest Coverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Viking Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Viking Holdings's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viking Holdings (FRA:ZG8) has a Interest Coverage of 0.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Viking Holdings and its competitors. This is 93% below median its historical median of 2.28. Over the past decade, Viking Holdings' Interest Coverage has ranged from 0.14 to 4.60. According to the industry distribution chart, Viking Holdings ranks #321 out of 607 companies in the Travel & Leisure industry, placing it in the top 52.9%.
Is Viking Holdings' Interest Coverage too high?
Viking Holdings' current Interest Coverage of 0.16 is 93% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 4.60. The Travel & Leisure industry median Interest Coverage is 5.35. Viking Holdings' value of 0.16 is 97% below this industry median. Based on the distribution chart, Viking Holdings ranks #321 out of 607 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Viking Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Viking Holdings' Interest Coverage compare to CCL and EXPE?
According to the Travel & Leisure industry distribution chart, Viking Holdings ranks #321 out of 607 companies for Interest Coverage. This places Viking Holdings in the lower half of its industry. The industry median Interest Coverage is 5.35. Viking Holdings' value of 0.16 is 97% below this benchmark. Historically, Viking Holdings' own Interest Coverage has ranged from 0.14 to 4.60 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 5.35, Viking Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 607 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viking Holdings's current Interest Coverage of 0.16 is 97% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Viking Holdings and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Holdings's current Interest Coverage is 0.16, which is 93% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Holdings stock overvalued right now?
Viking Holdings (FRA:ZG8) has a current Interest Coverage of 0.16. The current Interest Coverage is 0.16, which is 93% below median its 10-year median of 2.28 and 97% below the Travel & Leisure industry median of 5.35. Viking Holdings' overall GF Score™ is 19/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Viking Holdings (FRA:ZG8), the current Interest Coverage is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Viking Holdings Ltd is a travel company, with a fleet of 92 small ships, which view as floating hotels. It offers travel experiences on all seven continents in all three categories of the cruise industry river, ocean, and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment offers ocean cruises to English-speaking passengers. Other include operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers (Expedition), Mississippi River cruises for English-speaking passengers, and Viking China, which includes cruises for Mandarin.
19GF Score
Get the complete analysis for FRA:ZG8
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZG8 has been successfully added to your 
